Multifamily
MLK 7
7231 NE Martin Luther King Jr Blvd, Portland, OR 97211
Listing Price: $1,125,000
Investment Overview
The Rhoades Group of Marcus & Millichap is pleased to exclusively represent the sale of MLK 7 Apartments, a favorably located asset in northeast Portland. The property is comprised of seven units total, six one-bedroom units and one two-bedroom unit, all of which feature newer vinyl windows, private elevated entryways and a shared community courtyard.
Located in the Piedmont neighborhood of Portland, residents enjoy fantastic local amenities including expansive dining options, farmer’s markets, local bars and entertainment that creates a well-rounded living experience.
MLK 7 Apartments offer residents plenty of amenities nearby, and resides less than 15 minutes from the Portland International Airport, offering employment opportunities and a vibrant and bustling city scene.
MLK 7
Investment Highlights
- Historically Low Vacancy Rate
- Bike Score 96 "Bikers Paradise" Per Walkscore.com
- Located Adjacent to Trendy Food Cart Pod
- Multiple Income Sources on Investment
- Pro Forma Rents Achievable Within Two Years of Ownership
- Centrally located Within Portland, Allowing Well-Rounded Livability With Local Parks, Schools, Shopping, Dining and Entertainment
Exclusively Listed By
Financing By
Listing Price: $1,125,000
Investment Highlights
- Historically Low Vacancy Rate
- Bike Score 96 "Bikers Paradise" Per Walkscore.com
- Located Adjacent to Trendy Food Cart Pod
- Multiple Income Sources on Investment
- Pro Forma Rents Achievable Within Two Years of Ownership
- Centrally located Within Portland, Allowing Well-Rounded Livability With Local Parks, Schools, Shopping, Dining and Entertainment
Investment Overview
The Rhoades Group of Marcus & Millichap is pleased to exclusively represent the sale of MLK 7 Apartments, a favorably located asset in northeast Portland. The property is comprised of seven units total, six one-bedroom units and one two-bedroom unit, all of which feature newer vinyl windows, private elevated entryways and a shared community courtyard. Located in the Piedmont neighborhood of Portland, residents enjoy fantastic local amenities including expansive dining options, farmer’s markets, local bars and entertainment that creates a well-rounded living experience. MLK 7 Apartments offer residents plenty of amenities nearby, and resides less than 15 minutes from the Portland International Airport, offering employment opportunities and a vibrant and bustling city scene.
Exclusively Listed By
Financing By
